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Global Market Olympics: S&P 500 Builds Some Cushion

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Medal Rounds - Day 9: After a few rough days, most of the contenders have a positive day. Switzerland, however, pulled back a bit and the S&P 500 has padded its lead. Australia is coming on fast. Will the USA be able to hold on? Who will finish the week strong and grab a medal?

  • The S&P 500 gained .6% yesterday while the Swiss Market Index lost .2%.
  • Australia had a strong day, gaining 1.4% and moving into second place.
  • The top three contenders are now within a 2% range, putting the gold medal back in play
  • Of our original 20 indices, Israel's T25 would be in the lead, up 1.8%, followed by Colombia's IGBC, up 1.0%.

World Markets Olympic Challenge: Leaderboard as of (8/20 Close) -

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Biggest gainers on the S&P yesterday were Sallie Mae (SLM), Freeport McMoran (FCX), XTO Energy (XTO), National Oilwell Varco (NOV), and CIT Group (CIT). Who do you think will win the World Market Olympic Challenge?

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